Word: ownership
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Dates: during 1960-1969
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...Boston, New York, Chicago, Ottawa and Montreal. At the end of April, she tapes a television show in Nashville with Bob Dylan and Johnny Cash. Her latest album has an advance sale of 100,000 copies, a month before its release. Furthermore, she has risen from obscure poverty to ownership of a music company valued...
Tender Offer. One way of easing the load would be for LTV to increase its holdings in J. & L. from 63% to 81%. Under federal law, ownership of at least 80% is necessary before dividends can be freely transferred from one company to another on a tax-free basis. If LTV owned enough J. & L. stock, it would be able to collect about $20 million in dividends-a windfall that would help Ling pay his interest and retire some short-term debt. Thus Ling made a tender offer that expires this week. In exchange for more J. & L. stock...
...bananas and orangeade. "We can develop this entire region both as a bountiful source of winter produce and as a winter resort. Our problem is what to do in summer. The temperatures go up to 120°." He sees his job purely as pioneering and, in the process, establishing ownership of the land, regardless of any criticism from the outside world that Israel is staking its claims prematurely. "If someone says we have taken land that does not belong to us, he is wrong," says Dani, although the Arabs might not agree. "No one ever worked this land...
...churches over matters as varied as theology, politics and civil rights, some Protestant congregations in the South would like to divorce themselves from their national organizations. It is not easy. Last week the U.S. Supreme Court turned down the arguments of two breakaway congregations in Savannah, Ga., that claimed ownership of their church property. The congregations had held that property in trust for the Presbyterian Church of the U.S., but a Georgia judge had declared that such trusts may be broken if the parent church "substantially departs" from the theology that it professed at the time of the affiliation...
...faulty support caisson required the costly dismantling of part of the building's superstructure. Wolman wound up selling his interest in the skyscraper for a $5,000,000 loss in late 1966. He is currently involved in bankruptcy proceedings in an effort to salvage his interests, which include ownership of 52% of the National Football League's Philadelphia Eagles...